Short Term Trend Forecast

Short Term Forecast
The last forecast made on Aug 6th stated:

- Forecast cycle tops and bottoms are (+/-)

1) Bottom August 7th +/-  
2) Top August 12-25 +/-     (This may turn out to be a trading range with a top around Aug12-19 +/- and a bottom around Aug 21 +/- and a final forecast top around Aug 22-25 +/- all within a possible trading range)
3) Bottom September 3rd +/-     A special anniversary date and these type of dates are very interesting to watch.

Following cycles has been good to use as a guide or as a potential future road map, but, other tools must always be used for confirmation of any forecast cycle trends.  

COMMENTS

The Aug 7th forecast low was accurate.  The advance decline oscillator bottomed below -400 and turned up and the volume oscillator was below -100 with rising bottoms.  This is what you would like to see in these indicators at or near a bottom.

The next forecast date is Aug 21st for a forecast low.

UPDATED FORECAST

- Forecast cycle tops and bottoms are (+/-)

1) Bottom Aug 21 +/-
2) Top Aug 22-25 +/-
3) Bottom Sept 3rd +/-     An anniversary date

Since cycles do not distinguish between trading days and calendar days, the cycle dates may come out on Holidays or weekends.  So the dates suggested that do fall on such days are to be used as a window.   So, as always, other tools must always be used for confirmation of any forecast cycle trends.  All forecast dates will still be noted with a "+/-" because the cycle dates are not always as perfect as we would like them to be.  Although they have been pretty accurate.  

  

Intermediate Term forecast 

The downward pressure of the Intermediate Term Cycles helped the DJIA drop 700 points into the Aug 7th short term forecast date.  From the Aug 7th bottom the market displayed a thrust of momentum that suggests that the market can go higher. 

Intermediate term cycles are currently pointing down into August 2014 - September 2014 +/- and there is another short term bottom forecast on Sept 3rd, although it is probable that the bottom was made on Aug 7th.  The next Intermediate Term Forecast is for a top October 2014 +/-.

The only fly in the ointment is shown on the chart posted on July 15th titled "2014 January Barometer".  The chart shows weakness going into September 2014.

If any changes are made to the Short Term or Intermediate Term Forecasts, a new posting will be made. 

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This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions. 
Past performance is not indicative of future results